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Detailed text transcripts for TV channel - MSNBC - 20101208:03:28:00

Estate tax next year is going to be lower than what george bush managed to achieve for this year. you don t get lower than zero. i m sorry, lawrence, this is not stimulative. there is no way it was suggested by blanche clinic con. keith olbermann was blistering in his attack on this. nobody wanted this. it just suddenly showed up on the table. where the heck did that come from? this is i can answer that question. ezra, go ahead. it was the deal, the s-state tax deal. jane is right. it is one the worst policies you could imagine but it was a deal for the tax extenders. what the republicans said was if you don t do the lincoln s-deal which costs $10 billion against 09 which was a 35% rate and the $3.5 million exemption no way we re doing a two-year extension on earned income tax and on the child tax credit. those add up to $40 billion and for the poor. i do take jane s point here. but i would say there s a ....

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